feel free to call us +919500077790 info@eqsis.com
The conditions for Double Bottom are: 1. There should be Two Bottoms and it should be equivalent. 2. The gap between the two bottoms should be minimum one month. 3. The trade volume should be high in the second bottom or at the crossing neck line. If all these conditions are satisfied then we can say that the bullish trend has began.
| M | T | W | T | F | S | S |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | |||||
Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
Stock Trading is business, the success depends not just on capital or subscribing advisory services or participating workshops. The factors such as your awareness level about business, Efforts and your contributions, Smartness, Knowledge in analysis and trading instrument, availability of infrastructure and emotional control determine your success.
EQSIS, A Stock Market Research Firm
Knowledge is Power. Here you may start from basics, get support while practicing and evolve as active analyst, later you can become a pro
Good finding But this is not a Double bottom because Bottom 1 and bottom 2 period is too long. It can around be around 8 weeks. Presently stock is in Bullish GAPUP candle stick formation which can be seen in candlestick with good volume.
Somebody can comment on duration between Bottom 1 and Bottom 2.
Yes saravanan I too had the doubt regarding the duration between two bottoms.
Hi,
The duration of time period between the two bottoms or double top may vary from a few weeks to many months(generally about 1-3 months).